Sellsetup
BOLD GOLD SOLD!Gold has been suffering the last few month due to a very hawkish Fed trying to get inflation under control. Gold topped out on march 8th 2022 & is down -17.6% since then. The US CPI YOY came in yesterday at +8.3% beating expectations of 8.1% , the CPI ex food & energy also beat expectations coming in at +6.3% vs a 6.1% consensus. This fueled a rally in the USD as the market expect a 0.75% bps rate hike or maybe even more, in return Gold an the commodity currencies fell. On the 4HR chart a bear flag has formed, you should wait on a break and close below the bear for possible selling opportunities towards $1622.99-$1600 per OZ a -4.6%- (-6%) move from market current position.
AUDCHF Trend Following Setup!Hello Traders,
In this week's trading session we will be monitoring AUDCHF for a Selling opportunity in and around 0.64 Resistance zone. Once we get a bearish confirmation the trade will be executed and shared with our premium subscribers!
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
KIWI ON SALE!Like I previously mentioned in my other published idea title BOLD GOLD, because of the hawkish fed and raising inflation The USD is stronger than most if not all G7 currencies. As a result commodities & commodity currencies across the board is selling off such as the NZD & AUD, they may be the weakest currencies crossed w the USD. Last week I sold this pair at 0.61875 and took profit at 0.59986 a -3.05% move (-189 pips).This week I reopened a sell position w some of the profits from the trade I closed out last week at 0.60697 and at the present moment market is down -1.24% (-75 pips). My current take profit is 0.58793 ( -190 pips) but the market can definitely pull lower if the USD strength persist as I suspect it will, at least until the next rate decision on the 22nd of this month. If or when NZDUSD breaks & close below the 4 month trend line found on the D1 I can definitely see this pair heading towards 0.57000 a -4.8% (-287 pips) move from market current price. Lastly, in less than 1 hour the USD PPI YOY & PPI ex Food & Energy numbers will be released , the consensus is 8.8% & 7.1% respectively, a surprise higher than a expected number could fuel another USD rally, a lower than expected number can cause a temporary retest. Let me know your thoughts in the comments.
AUDUSD PUSH INTO 0.67 AT LEAST!As explained waiting for the retracement after missing the big move down, so a couple highlighted areas that I'm looking at hopefully getting a position to make the next move down. I'm targeting the area of 0.67000 at least as this is a huge support and price should magnetize to it.
CAD/JPY Can We Break The Supp And Have The Perfect Setup This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Thursday 15TH September REVERSAL SHORT EURGBP 250 pipsStop BUYING! Thursday 15TH September 2022, 12:00PM Will push up to max 0.8740-0.8770 and will DROP new short trend good for minimum 250 pips
No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your OWN risk management)
THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE)
FOLLOW SHARE LIKE IF YOU WANT MORE clean ideas
82FX
EURGBP- 120 MINS TIMEFRAMEThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive Moves).
Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
Tradelikemee Academy
NASDAQ DAILY -SELLERS IN CONTROLHow to know the uptrend changed - where do the sellers take control? How do you read the chart and see the sellers push buyers into the trap. Nice example of where the buyers that looked for continuation of the uptrend missed the story the chart was telling. Good less that trendlines are only PART of the picture. So where are we going from here? I see some short term targets below to look for in the coming week. Note these are areas of PA interest, not trade calls or callouts to short the NQ market! Educational purposes only here. Trade your own account as you see fit and happy trading!
GBPJPY SHORT TRADE IDEA!!!We should see some resistance out of this level at 166.000 for either a big retracement or even a move all the way down to 160. I will probably wait until the start of next week before even looking at taking entry, remember even if we do see a move down to finish the week there will usually always be a second opportunity to get into the trade.
EURCHF Bearish Continuation Setup!In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
EURCAD EURCAD looks to be at strong resistance area and has retested that area. 75% of retail traders seem to be going long on the pair while 25% are shorting. Netherlands inflation rate YoY found that the Inflation rate was lower than their expectations which is seen as bearish for the Euro.
SL:1.30835 TP:1.29401 (This is not financial advice, trade at your own risk)